I'll echo the sentiments regarding Keyholder. The last two are also really good, at least better than AF and MR, and ITWOE is REALLY good, IMO, about as good as KH.
Like Kev, my interest in Kaipa waned after Roine left, but the last two albums have been pretty good so I have stuck it out with them. Also, Jonas Reingold has been playing bass, so that makes up for it!
-Marc.